Saint-Gobain Sekurit India Ltd
Established in 1973, Saint-Gobain Sekurit India Limited is a subsidiary of Compagnie de Saint-Gobain(a transnational group with its headquarters in Paris). The Company is engaged primarily in the business of manufacture and sale of automotive glass. It offers its products mainly to 3 wheelers, Passenger Vehicles and Commercial Vehicles. [1][2]
- Market Cap ₹ 1,005 Cr.
- Current Price ₹ 110
- High / Low ₹ 158 / 95.4
- Stock P/E 27.9
- Book Value ₹ 23.7
- Dividend Yield 1.81 %
- ROCE 22.9 %
- ROE 17.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 52.1%
Cons
- The company has delivered a poor sales growth of 9.08% over past five years.
- Working capital days have increased from 140 days to 339 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Glass & Glass Products Industry: Glass & Glass Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
104 | 133 | 141 | 123 | 146 | 160 | 135 | 105 | 151 | 186 | 201 | 208 | |
94 | 115 | 119 | 108 | 120 | 134 | 116 | 89 | 117 | 151 | 164 | 169 | |
Operating Profit | 9 | 18 | 22 | 16 | 27 | 26 | 19 | 16 | 34 | 36 | 37 | 39 |
OPM % | 9% | 13% | 16% | 13% | 18% | 16% | 14% | 15% | 22% | 19% | 18% | 19% |
1 | 0 | -13 | 3 | 3 | 6 | 7 | 5 | 32 | 7 | 10 | 12 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 9 | 10 | 9 | 8 | 9 | 8 | 8 | 5 | 4 | 4 | 4 | 4 |
Profit before tax | 1 | 8 | 0 | 10 | 21 | 23 | 18 | 15 | 61 | 39 | 43 | 47 |
Tax % | 55% | 13% | 100% | 35% | 34% | 29% | 25% | 24% | 22% | 26% | 27% | 24% |
0 | 7 | 0 | 7 | 14 | 16 | 13 | 11 | 48 | 29 | 31 | 36 | |
EPS in Rs | 0.05 | 0.74 | 0.00 | 0.74 | 1.51 | 1.76 | 1.47 | 1.25 | 5.23 | 3.17 | 3.43 | 3.95 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 80% | 57% | 47% | 58% | 51% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 9% |
3 Years: | 11% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | 18% |
5 Years: | 30% |
3 Years: | 15% |
TTM: | 31% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 22% |
3 Years: | 12% |
1 Year: | -15% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 14% |
3 Years: | 15% |
Last Year: | 17% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 91 | 91 | 91 | 91 | 91 | 91 | 91 | 91 | 91 | 91 | 91 | 91 |
Reserves | -18 | -11 | -11 | -4 | 9 | 25 | 38 | 50 | 89 | 90 | 108 | 125 |
6 | 0 | 1 | 2 | 4 | 3 | 2 | 6 | 6 | 6 | 1 | 0 | |
18 | 28 | 21 | 16 | 14 | 21 | 26 | 24 | 19 | 20 | 26 | 37 | |
Total Liabilities | 97 | 108 | 103 | 105 | 119 | 141 | 157 | 171 | 205 | 207 | 226 | 253 |
56 | 50 | 39 | 44 | 38 | 32 | 25 | 22 | 20 | 18 | 17 | 18 | |
CWIP | 5 | 1 | 2 | 2 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 |
Investments | 1 | 10 | 15 | 23 | 43 | 51 | 97 | 103 | 133 | 143 | 160 | 144 |
36 | 47 | 46 | 36 | 38 | 57 | 35 | 46 | 52 | 46 | 48 | 91 | |
Total Assets | 97 | 108 | 103 | 105 | 119 | 141 | 157 | 171 | 205 | 207 | 226 | 253 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
17 | 15 | 11 | 7 | 17 | 24 | 27 | 2 | 12 | 34 | 30 | 28 | |
0 | -9 | -10 | -8 | -18 | -21 | -27 | -5 | -2 | -5 | -9 | -8 | |
0 | -6 | -0 | 1 | 2 | -1 | -1 | 3 | -9 | -28 | -18 | -19 | |
Net Cash Flow | 17 | -0 | 0 | 0 | 0 | 1 | -1 | 1 | 0 | 1 | 2 | 0 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 49 | 53 | 40 | 46 | 61 | 50 | 48 | 92 | 69 | 49 | 35 | 49 |
Inventory Days | 99 | 72 | 66 | 71 | 51 | 64 | 66 | 87 | 93 | 60 | 75 | 81 |
Days Payable | 83 | 106 | 74 | 60 | 44 | 72 | 95 | 97 | 69 | 54 | 57 | 90 |
Cash Conversion Cycle | 66 | 19 | 32 | 57 | 68 | 42 | 18 | 83 | 93 | 55 | 53 | 39 |
Working Capital Days | 49 | 44 | 47 | 46 | 55 | 45 | 25 | 68 | 75 | 45 | 36 | 339 |
ROCE % | 1% | 10% | 18% | 11% | 20% | 16% | 11% | 8% | 18% | 18% | 20% | 23% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
2d - Annual Secretarial Compliance Report confirms full regulatory compliance for FY 2024-25 by Saint-Gobain Sekurit India.
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Disclosure Under Regulation 30 - Radiance MH Sunshine Two Private Limited (In Place Of Radiance MH Sunrise Thirteen Private Limited)
16 May - Board approved revised ₹2.45 Cr investment in Radiance MH Sunshine Two Pvt Ltd for green power sourcing.
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Corporate Action- Record Date For The Dividend
16 May - Approved FY25 audited results; ₹2 dividend recommended; director and CFO changes; AGM on July 30, 2025.
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Announcement under Regulation 30 (LODR)-Change in Directorate
16 May - Approved FY25 audited results; ₹2/share dividend recommended; new CFO and director appointed; director resigned.
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Appointment Of Secretarial Auditors Of The Company
16 May - Approved FY25 results with 20% dividend; new CFO and Non-Executive Director appointed; AGM on July 30, 2025.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Holding Company[1]
SGSIL is a subsidiary of Compagnie de Saint-Gobain (“Saint-Gobain”), a transnational
group with its headquarters in Paris and with sales of Euros 47.94 billion in 2023. Saint-Gobain’s businesses fall into two broad
areas: regional construction or building related businesses and global businesses providing High Performance Solutions. SGSIL’s business is part of Mobility within the High Performance Solutions.